How can the price be where it is still, given that there is no cap on supply, it was a massive premine, terrible store of value, was never supposed to be sound money, and that it has no utility right now besides being used for scam ICOs? No one really uses dapps or anything yet, right?
some are scams, but not all, the problem is that everybody tries to lend as much as possible in order to invest as much as possible to earn as much as possible, those that were rich before have the best tools to impress the masses of idiots to invest into them, which in the end leads again to their demise, its better to drop older established cryptocurrencies over time.
states are also a big scam actually, even if they give their best to look different.
regards